Common use of Termination Upon Distribution to Noteholders Clause in Contracts

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Insurer, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III and other applicable terms of this Indenture; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Jxxxx, living on the date hereof.

Appears in 1 contract

Samples: Trust Agreement (American Home Mortgage Investment Trust 2005-4)

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Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the InsurerCertificateholders, the Certificate Paying Agent on behalf holders of the Certificateholders Residual Ownership Interest and the Indenture Trustee of all amounts required to be distributed pursuant to Article III and other applicable terms of this IndentureIII; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Jxxxxx Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. JxxxxXxxxx, living on the date hereof.

Appears in 1 contract

Samples: Chase Funding Inc

Termination Upon Distribution to Noteholders. This -------------------------------------------- Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Insurer, the Certificate Paying Agent Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III and other applicable terms of this IndentureIII; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Jxxxxx Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. JxxxxXxxxx, living on the date hereof.

Appears in 1 contract

Samples: Administration Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Termination Upon Distribution to Noteholders. This -------------------------------------------- Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the InsurerCertificateholders, Swap Counterparty, the Certificate Paying Agent on behalf of the Certificateholders Swap Guarantor and the Indenture Trustee of all amounts required to be distributed pursuant to Article III and other applicable terms of this IndentureIII; provided, however, provided that in no event shall the trust created -------- hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Jxxxxx Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. JxxxxXxxxx, living on the date hereof. Section 8.05.

Appears in 1 contract

Samples: Mortgage Index (Lehman Abs Corp)

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Termination Upon Distribution to Noteholders. This -------------------------------------------- Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the InsurerCertificateholders, the Certificate Paying Agent on behalf holders of the Certificateholders Residual Ownership Interest and the Indenture Trustee of all amounts required to be distributed pursuant to Article III and other applicable terms of this IndentureIII; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Jxxxxx Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. JxxxxXxxxx, living on the date hereof.

Appears in 1 contract

Samples: Master Servicing Agreement (Provident Bank)

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